Knechel, W. Robert; Willekens, Marleen - In: Journal of Business Finance & Accounting 33 (2006-11) 9-10, pp. 1344-1367
Most prior research into audit fees has been based on a theoretical model which treats audit fees as the by-product of a production function ignoring potential demand forces that may drive the level of the audit fee. Inspired by prior 'anomalous' results, we take a different perspective by...